ING Groep (AMS:INGA) received a €17.40 ($20.71) price objective from analysts at UBS Group in a research report issued to clients and investors on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price target indicates a potential upside of 10.76% from the stock’s current price.

Several other research firms have also issued reports on INGA. Goldman Sachs Group set a €18.00 ($21.43) target price on shares of ING Groep and gave the stock a “buy” rating in a research note on Friday, November 3rd. JPMorgan Chase & Co. set a €17.90 ($21.31) target price on shares of ING Groep and gave the stock a “buy” rating in a research note on Friday, November 3rd. Jefferies Group set a €18.80 ($22.38) target price on shares of ING Groep and gave the stock a “buy” rating in a research note on Friday, September 8th. Royal Bank of Canada set a €16.00 ($19.05) target price on shares of ING Groep and gave the stock a “buy” rating in a research note on Friday, December 1st. Finally, Deutsche Bank set a €17.00 ($20.24) target price on shares of ING Groep and gave the stock a “buy” rating in a research note on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of €16.65 ($19.82).

Shares of ING Groep (INGA) traded up €0.29 ($0.35) on Thursday, reaching €15.71 ($18.70). The company’s stock had a trading volume of 20,740,000 shares, compared to its average volume of 13,670,000. The firm has a market cap of $61,050.00 and a P/E ratio of 13.20. ING Groep has a 12 month low of €12.81 ($15.25) and a 12 month high of €16.13 ($19.20).

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ING Groep Company Profile

ING Groep N.V. (ING) is a financial institution. The Company offers banking services. The Company’s segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease.

Analyst Recommendations for ING Groep (AMS:INGA)

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